Comprehensive market data and analysis• Updated Oct 2026
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | 1 | 1 | 1 |
| TOTAL | 0 | 1 | 1 | 1 |
Acreage buckets
The median price for land in Bingham Lake, Minnesota is currently $3K per acre. For a typical parcel, the median sale price is $415K. Recently, the cheapest land sold for $415K while premium lots reached $415K.
Bingham Lake, Minnesota is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Bingham Lake, Minnesota currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
Over the past 12 months, Bingham Lake, Minnesota saw 1 properties sold, totaling $415K in sales volume. In just the last 3 months, 1 properties changed hands.
The median land price in Bingham Lake, Minnesota stands at $415K. This translates to roughly $3K per acre for the typical parcel size.
The 3-month absorption rate in Bingham Lake, Minnesota is 16.7%. The 12-month rate is 4.2%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Bingham Lake, Minnesota typically sells within 89 days of listing. The median time on market is 89 days. Properties are moving at a moderate pace in the current balanced market.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Bingham Lake on LandyDandy.
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